CAR
Avis Budget Group, Inc. · Industrials · Rental & Leasing Services
Last
$156.68
−$4.23 (−2.63%) 4:00 PM ET
After hours $156.21 −$0.47 (−0.30%) 11:02 PM ET
Prev close $160.91
Open $161.55
Day high $163.35
Day low $153.41
Volume 309,054
Avg vol 692,841
Mkt cap
$5.68B
P/E ratio
-8.23
FY Revenue
$11.75B
EPS
-19.03
Gross Margin
68.69%
Sector
Industrials
AI report sections
CAR
Avis Budget Group, Inc.
Avis Budget Group, Inc. is experiencing very strong short-term price momentum with the stock trading well above key moving averages and near the upper portion of its 52-week range. At the same time, fundamentals show negative net income, thin operating margins, and a leveraged balance sheet despite substantial free cash flow generation. The backdrop is further complicated by elevated short interest and mixed news flow, indicating a contested outlook around the current valuation and trajectory.
AI summarized at 1:29 PM ET, 2026-03-27
AI summary scores
INTRADAY: 63 SWING: 58 LONG: 46
Volume vs average
Intraday (cumulative)
−34% (Below avg)
Vol/Avg: 0.66×
RSI
42.54 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.05 (Weak)
MACD: 0.51 Signal: 0.56
Short-Term
+2.14 (Strong)
MACD: -9.72 Signal: -11.86
Long-Term
+5.55 (Strong)
MACD: -47.32 Signal: -52.87
Intraday trend score 50.82

Latest news

CAR 12 articles Positive: 0 Neutral: 12 Negative: 0
Neutral GlobeNewswire Inc. • Hagens Berman
Verra Mobility Corporation (NASDAQ: VRRM) Faces Securities Class Action Following CEO Resignation and $1.4 Billion Shareholder Loss — HBSS

Verra Mobility (NASDAQ: VRRM) is facing a securities class action lawsuit after CEO David Roberts resigned following the unexpected termination of a major contract with Avis Budget Group. The contract loss wiped out approximately $1.4 billion in shareholder value, with the stock plunging 70% on May 27, 2026. Hagens Berman is investigating whether executives failed to disclose the deteriorating relationship with Avis to investors.

VRRM CAR securities class action CEO resignation contract termination shareholder loss Avis Budget Group misleading statements
Sentiment note

Avis is mentioned only as the counterparty that terminated its contract with Verra. While the termination had severe consequences for Verra, there is no information provided about Avis's own financial impact or involvement in any wrongdoing.

Neutral GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.
Bragar Eagel & Squire, P.C Reminds Verra Mobility Corporation Investors They Have Until August 4th to Contact the Firm Seeking Lead Plaintiff Role

A class action lawsuit has been filed against Verra Mobility Corporation for allegedly providing false and misleading statements regarding its relationship with Avis Budget Group. On May 26, 2026, Verra announced that Avis terminated its contract effective September 2026, which will reduce the company's 2026 annualized revenue by approximately $135-145 million. Investors who purchased shares between February 24 and May 26, 2026 can apply to be lead plaintiff by August 4, 2026.

CAR VRRM class action lawsuit securities fraud contract termination Avis Budget Group material misstatement investor damages
Sentiment note

Avis is mentioned as the party terminating its contract with Verra Mobility, but the article does not provide information about Avis's financial impact or strategic implications, so sentiment remains neutral.

Neutral GlobeNewswire Inc. • Faruqi & Faruqi, Llp
VRRM CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Verra (VRRM) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026

Faruqi & Faruqi, LLP is investigating securities fraud claims against Verra Mobility Corporation, alleging the company misled investors about its relationship with Avis Budget Group and the likelihood of contract extension. After Avis terminated its contract on May 26, 2026, Verra's stock plummeted 71% from $13.08 to $3.85 per share. The firm is seeking a lead plaintiff by August 4, 2026, for the federal securities class action covering purchases between February 24 and May 26, 2026.

VRRM CAR securities fraud class action lawsuit Avis Budget Group contract termination stock price decline lead plaintiff
Sentiment note

Avis is mentioned as a major client that terminated its contract with Verra, but the article does not provide information about Avis's own financial condition or operations. Avis is referenced only as a party to the contract termination event.

Neutral GlobeNewswire Inc. • Hagens Berman
HBSS Investigates Verra Mobility Corporation (VRRM) Following CEO Resignation Amid Investor Class Action -- HBSS

Hagens Berman is investigating Verra Mobility Corporation following CEO David Roberts' abrupt resignation after 12 years. The investigation centers on whether executives failed to disclose the deteriorating relationship with Avis Budget Group before announcing a contract termination in May 2026. The announcement caused Verra's stock to plunge 70%, erasing $1.4 billion in market value. Investors with losses are urged to contact the firm by the August 4, 2026 deadline.

VRRM CAR securities class action CEO resignation contract termination misleading statements shareholder losses Avis Budget Group
Sentiment note

Mentioned as the counterparty that terminated its contract with Verra, but the article does not provide information about impact on Avis itself or suggest wrongdoing by Avis.

Neutral GlobeNewswire Inc. • Kessler Topaz Meltzer & Check, Llp
INVESTOR DEADLINE ALERT: Verra Mobility Corporation (VRRM) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Contact Kessler Topaz Meltzer & Check, LLP

A securities fraud class action lawsuit has been filed against Verra Mobility Corporation (VRRM) for allegedly making materially false statements about its Commercial Services business growth and Avis Budget Group contract. The company disclosed on May 26, 2026, that Avis terminated its contract, resulting in a 70.6% stock price decline. Investors who purchased VRRM stock between February 24 and May 26, 2026, can seek lead plaintiff status by August 4, 2026.

VRRM CAR securities fraud class action lawsuit Verra Mobility Avis Budget Group contract termination stock price decline
Sentiment note

Avis is mentioned only as the party terminating its contract with Verra. While the termination negatively impacts Verra, there is no direct negative sentiment toward Avis itself in the article.

Neutral Benzinga • Glancy Prongay Wolke & Rotter Llp
Deadline Alert: Verra Mobility Corporation (VRRM) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

Verra Mobility Corporation faces a securities fraud class action lawsuit after disclosing on May 26, 2026 that Avis Budget Group terminated its contract, causing the stock to plummet 70.6% to $3.85 per share. The lawsuit alleges that Verra made materially false statements about its growth prospects and failed to disclose its dependence on the Avis relationship. The company's CEO was also terminated on June 1, 2026. Shareholders have until August 4, 2026 to file a lead plaintiff motion.

VRRM CAR securities fraud class action lawsuit contract termination stock price decline Avis Budget Group CEO termination
Sentiment note

Avis is mentioned only as the party that terminated its contract with Verra. While this action negatively impacts Verra, there is no direct information about Avis's own business performance or prospects in this article.

Neutral GlobeNewswire Inc. • Levi & Korsinsky, Llp
VRRM Shareholder Alert: Verra Mobility Corporation Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky

Verra Mobility Corporation (NASDAQ: VRRM) faces a securities class action lawsuit alleging management made materially misleading statements about competitive risks and customer retention. The stock collapsed 71% after disclosing that its largest customer, Avis Budget Group, terminated its contract. Management had repeatedly downplayed in-sourcing threats, claiming operational complexity and deep customer integration created a durable competitive moat. The lawsuit covers the period from February 24, 2026 through May 26, 2026, with an August 4, 2026 deadline for lead plaintiff applications.

VRRM CAR securities class action Verra Mobility customer termination Avis Budget Group in-sourcing risk competitive moat
Sentiment note

Mentioned as the largest customer of VRRM who terminated its contract effective September 2026. While this action triggered VRRM's stock collapse, Avis itself is not the subject of the lawsuit and the termination may be viewed as a positive business decision for Avis to pursue in-house or alternative tolling solutions.

Neutral GlobeNewswire Inc. • Hagens Berman
Verra Mobility Corporation (VRRM) Securities Class Action Filed Amid Avis’ Termination Notice, CEO Departure, Internal Review of Negotiations & Handling of Confidential Information – Hagens Berman

Verra Mobility Corporation (VRRM) is facing a securities class action lawsuit after Avis Budget Group terminated contract renewal negotiations. On May 26, 2026, Verra disclosed the termination notice effective September 2026, leading to a 70% stock price crash and $1.4 billion market cap loss. The lawsuit alleges Verra made false and misleading statements about the state of the Avis relationship. CEO Roberts departed five days later on May 31, 2026.

VRRM CAR securities class action contract termination Avis Budget Group stock price crash CEO departure misleading statements
Sentiment note

Avis is mentioned as the party terminating the contract with Verra, but the article does not provide information about Avis' financial impact or performance; it is presented as a factual business development rather than a company-specific negative event.

Neutral Benzinga • Law Offices Of Howard G. Smith
Deadline Approaching: Verra Mobility Corporation (VRRM) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith

A securities fraud class action lawsuit has been filed against Verra Mobility Corporation after the company disclosed termination of its contract with Avis Budget Group on May 26, 2026, causing its stock to plummet 70.6%. The company subsequently lowered its 2026 financial outlook and terminated its CEO. Investors who purchased VRRM stock between February 24 and May 26, 2026 can file a lead plaintiff motion by August 4, 2026.

VRRM CAR securities fraud class action lawsuit contract termination stock price decline Avis Budget Group financial guidance
Sentiment note

Avis is mentioned only as the party that terminated its contract with Verra. While this action triggered Verra's decline, there is no direct information about Avis's own financial condition or performance in this article.

Neutral GlobeNewswire Inc. • Hagens Berman
Verra Mobility Corporation (VRRM) Securities Class Action Filed Amid Avis’ Termination Notice, CEO Departure, Internal Review of Negotiations & Handling of Confidential Information – Hagens Berman

Verra Mobility Corporation (VRRM) is facing a securities class action lawsuit after Avis Budget Group terminated contract renewal negotiations. On May 26, 2026, Verra disclosed the termination notice effective September 2026, leading to a 70% stock price crash and $1.4 billion market cap loss. CEO Roberts departed five days later. The lawsuit alleges Verra made false and misleading statements about the state of the Avis relationship and contract renewal likelihood.

VRRM CAR securities class action contract termination Avis Budget Group CEO departure stock price crash market capitalization loss
Sentiment note

Avis is mentioned as terminating a contract with Verra but no direct impact on Avis is discussed in the article. The termination appears to be a business decision rather than a negative event for Avis itself.

Neutral GlobeNewswire Inc. • Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Verra Mobility Corporation Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Verra Mobility Corporation alleging securities fraud. The complaint claims that Verra made materially false and misleading statements regarding its relationship with Avis Budget Group and downplayed risks of major clients replacing its services with in-house solutions or competitors. Investors who purchased Verra securities between February 24, 2026 and May 26, 2026 are eligible to join the case, with a lead plaintiff deadline of August 4, 2026.

VRRM CAR class action lawsuit securities fraud Verra Mobility Avis Budget Group investor harm materially false statements
Sentiment note

Avis is mentioned as a major client of Verra but is not the defendant in the lawsuit. It is referenced only in the context of the alleged misrepresentations about contract stability.

Neutral Benzinga • Schall Law Firm
VRRM Investors Have Opportunity to Lead Verra Mobility Corporation Securities Fraud Lawsuit with the Schall Law Firm

The Schall Law Firm is seeking investors who purchased Verra Mobility Corporation (NASDAQ: VRRM) securities between February 24, 2026, and May 26, 2026, to join a class action lawsuit alleging securities fraud. The company allegedly made false statements about growth prospects and concealed the significant risk of losing Avis Budget Group (10% of revenue) as a customer, which terminated its relationship on May 26, 2026.

VRRM CAR securities fraud class action lawsuit Verra Mobility Avis Budget Group misleading statements investor damages
Sentiment note

Avis Budget Group is mentioned as a customer that terminated its relationship with Verra Mobility. While this is significant for Verra, there is no direct negative sentiment toward Avis itself; it is simply a party that ended a business relationship.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
Trade Ranks, LLC is not a registered investment adviser or broker-dealer. All rankings and AI reports are for informational and educational purposes only and are not personalized advice. Investing involves risk. Policy Portal